Description

MSTC Limited operates in India, focusing on a diverse portfolio that includes marketing activities, e-commerce services, and the reclamation of scrap materials, along with associated businesses. The company specializes in the procurement, acquisition, and distribution of vital industrial raw materials such as heavy melting scrap, low-ash metallurgical coke, HR coils, naphtha, crude oil, coking coal, steam coal, and line pipes. These commodities are supplied to both end-users and traders within the steel, oil and gas, and both private and public power generation industries. A core component of its operations is providing electronic auction services for a broad spectrum of goods. This encompasses ferrous and non-ferrous scrap, surplus inventory, minerals, pre-owned plant and machinery, e-waste, various coal and non-coal mining blocks, iron ore, and agricultural products like pulses, grains, oil seeds, tea, along with diverse forest produce such as timber, gorgon nuts, and tendu leaves. Furthermore, MSTC facilitates the auction of real estate assets including buildings, apartments, and non-performing assets (NPAs) and Debt Recovery Tribunal (DRT) assets from banks. The company also manages several online platforms dedicated to petroleum products, organic farming, and agricultural product trading, among other ventures. Its service offerings extend to tender management, auction administration, recycling initiatives, and electronic procurement solutions. MSTC caters to a wide range of clients, including central and state government departments, Public Sector Undertakings (PSUs), and private institutions. Established in 1964 in Kolkata, India, the firm was originally known as Metal Scrap Trade Corporation Limited before officially adopting the name MSTC Limited in September 1994.